This historic building was originally constructed in the mid-1800s as two separate houses. In 1907, architect Samuel Sass transformed the property into a striking 6-story brick and limestone-fronted building with Parisian-style detailing. A mirror-image addition at No. 383 followed in 1910, creating the distinctive twin facade that stands today. The property features a brand-new lobby and offers exceptional connectivity with immediate access to major subway lines, Penn Station, and Grand Central Terminal.

Key Features

Prime Fifth Avenue / Midtown Location

• Situated on Fifth Avenue, one of the world’s most famous and prestigious retail corridors
• Located between East 35th Street and East 36th Street, in the heart of Manhattan’s Midtown district
• Surrounded by luxury retailers, flagship stores, corporate offices, and hospitality venues
• Steps from iconic landmarks including the Empire State Building, Bryant Park, and Madison Square Park
• The building’s historic architecture features a Parisian-styled storefront with rusticated limestone, cast-iron bays, and a striking metal roof cornice

Strong Foot Traffic & Commercial Activity

• Consistent pedestrian traffic from a vibrant mix of corporate professionals, tourists, and shoppers
• Fifth Avenue’s reputation as a premier shopping destination ensures strong brand visibility
• Surrounded by luxury retail and flagship stores drawing high-end clientele
• Daytime and evening traffic from the surrounding business and hospitality districts

Versatile Retail Layout – 2,500 SF

• Approximately 2,500 SF of ground-floor retail space
• The building currently hosts retail occupants including NYC Gifts and My Smoke Shop, demonstrating its established retail viability
• The building also offers larger configurations: a separate listing highlights a 2,750+ SF space with abundant natural light and Empire State Building views, featuring a blank-canvas open layout suitable for private offices, conference rooms, or custom retail build-outs
• Architectural details include arch windows and an elevator that opens directly into the space for a private entry experience
• At approximately $12.00 per square foot, this represents a competitive rate for retail space on Fifth Avenue in Midtown

Exceptional Transit Access

• Unparalleled connectivity with immediate access to major subway lines
• Minutes from Penn Station and Grand Central Terminal
• Easy connectivity to all of Manhattan, Brooklyn, Queens, and the broader NYC metropolitan area

Diverse & Affluent Customer Base

This premier Fifth Avenue location serves a broad and high-value customer base including:

• Corporate executives and professionals from surrounding offices
• International tourists and luxury shoppers
• Hotel guests from nearby luxury accommodations
• Visitors to the Empire State Building and other iconic landmarks
• Residents of the Murray Hill neighborhood

Ideal For Businesses Such As

• Luxury retail boutique
• High-end showroom
• Flagship retail concept
• Jewelry or accessories store
• Beauty or skincare boutique
• Gourmet food or confectionery shop
• Professional services or corporate showroom
• Art gallery
• Technology retailer
• Medical or wellness practice

Highlights

✔ 2,500 SF of prime retail space on Fifth Avenue
✔ $30,000/month — competitive pricing at approximately $12.00 per square foot
✔ Prime Fifth Avenue location between East 35th and East 36th Streets
✔ Steps from the Empire State Building and Bryant Park
✔ Historic building with striking cast-iron and limestone architecture
✔ Brand-new lobby and modernized storefront
✔ Unparalleled transit access to major subway lines, Penn Station, and Grand Central Terminal
✔ Strong foot traffic from professionals, tourists, and shoppers
✔ Open layout suitable for versatile retail, showroom, or office concepts
✔ Prestigious Fifth Avenue address with global brand recognition

Conclusion

381-383 Fifth Avenue presents an outstanding opportunity to establish or expand your business on one of New York City’s most prestigious and high-traffic commercial corridors. With 2,500 SF of flexible retail space, a historic and architecturally distinctive storefront, and a location surrounded by luxury retail, corporate headquarters, and iconic landmarks, this property offers exceptional brand positioning in the heart of Manhattan.

Whether you’re opening a luxury boutique, showroom, professional services office, or specialty retail concept, this prime Fifth Avenue location provides the visibility, accessibility, and customer base needed to thrive in one of the world’s most renowned shopping destinations.

Contact us today to schedule a private tour and secure this outstanding Midtown retail opportunity!